my two favorite words when its comes to stock trading "low risk"
Errh...maybe I should of said low risk for me, but I trade options so just trading equity is low risk ; ) FAIM has news... Best of Luck, Where'd He Go?
GO LAKERS!!!
>>>>
FairMarket Announces Small Business Auction Network; Company Hosts New Lycos Small Business Auction; Provides Additional Online Commerce Opportunity For Growing Market Sector
BUSINESS WIRE - June 14, 2000 06:45
WOBURN, Mass., Jun 14, 2000 (BUSINESS WIRE) -- FairMarket(sm), Inc., (Nasdaq: FAIM), a leading provider of networked online auction and other distributed selling solutions, today announced the Small Business Network, more than 200 categories tailored to fit the needs of the small business community. Additionally, FairMarket is building on its relationship with Lycos to power the Lycos Small Business Auction site, live today at businessauctions.lycos.com.
FairMarket's Small Business Network is part of the FairMarket Network(sm) of auction sites that comprises some of the Web's leading merchants and small business communities including: Lycos Small Business Auctions, Office.com, MSN's bCentral, Dell Computer Corporation, CompUSA, Hello Direct, dBusiness, and ITParade. The Small Business Network will allow small business proprietors, one of the fastest growing sectors on the Internet, to find items they need to run their businesses including: computers, copiers, fax machines, office furniture, travel items, professional apparel, and other high-quality products and services.
FairMarket's Small Business Marketplace
FairMarket's Small Business Marketplace solution is customized to fit the needs of retailers, businesses and communities. The product offering includes AuctionPlace(sm), a traditional online auction service, AutoMarkdown(sm), a falling price clearance service, and Request It!(sm), a shopping-by-request service that matches buyers with sellers.
"At Lycos Small Business Auction, we are committed to delivering the technology and capabilities that small businesses are looking for online," said Kim Boucher, vice president of e-commerce for Lycos. "Working with FairMarket, we are able to provide our users with a dynamic auction environment that is full of practical products and services to meet their purchasing needs, while also creating a lucrative sales channel for conducting their own online business."
"With the availability of the Small Business Network, FairMarket is reaffirming its commitment to deliver the online distributed selling solutions that market needs to grow and prosper online," said Bryan Semple, FairMarket's vice president of product marketing. "We are also extremely pleased to expand our business with Lycos to include hosting and supporting the Lycos Small Business Auctions. We are confident that the new site will provide a valuable resource for companies looking to purchase items, generate sales and forge new online business relationships."
About FairMarket
FairMarket, Inc. is a leading provider of online distributed selling solutions. The FairMarket platform -- a dynamic commerce infrastructure of hosted auction, declining price, and shopping-by-request services -- enables businesses to increase revenue by expanding e-commerce functionality and strengthening brand. The FairMarket Network is a consortium of Web sites that includes some of the world's leading portals and vendors with the potential to reach millions of online shoppers. FairMarket corporate headquarters are located in Woburn, Mass., and can be reached at 800-531-7871 or on the Web at www.fairmarket.com.
FairMarket, FairMarket Network, AuctionPlace, AutoMarkdown and the FairMarket logo are service marks of FairMarket, Inc. The names of other companies and products mentioned herein may be the trademarks of their respective owners.
This press release contains information about future expectations, plans and prospects of FairMarket, Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including but not limited to FairMarket's limited operating history, market acceptance of FairMarket's online auction and other e-commerce services, growth of the market for dynamic e-commerce services, the competitive nature of the online markets in which FairMarket operates, FairMarket's ability to retain existing customers and to obtain new customers, the operation and capacity of FairMarket's network system infrastructure, FairMarket's ability to attract and retain qualified personnel, and the other risks and uncertainties discussed under the heading "Risk Factors" in FairMarket's Registration Statement on Form S-1 filed with the Securities and Exchange Commission on March 14, 2000 in connection with FairMarket's initial public offering and the other reports filed by FairMarket from time to time with the Securities and Exchange Commission. FairMarket assumes no obligation to update any of the information included in this press release.
CONTACT: FairMarket, Inc. Traci VanHorn 781-376-5812 lisa.dabbon@fairmarket.com or LNS Communications Suzanne Marcarelli 617-577-9777 smarcarelli@LNScom.com
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